Posts Tagged ‘trading digital assets’

China securities journal sounds alarm on cryptocurrency financial risks On Sunday, May 16th, as per an opinion piece in the China Securities Journal (CS), a broader consensus on strengthening supervision of Bitcoin and crypto transactions is currently being undertaken. This comes through several commissions – The China Securities Regulatory Commission, China Insurance Regulatory Commission, and The China Banking Regulatory…

This week in the digital currency community, a lot of developments are coming to light. There are new developments in anti-money laundering regulations in the U.K. as Digivault, a custodial arm of Diginex won regulatory approval from the Financial Conduct Authority (FCA) in the U.K. to register as a custodian wallet provider. This makes Diginex…

Marathon OFAC Pool Attracts Criticism The new week ushered in a variety of events. One major event is mining a fully regulation-compliant mining pool by Marathon Digital Holdings (MARA). The new mining pool was successfully mining a bitcoin block that is “fully compliant with U.S. regulations.” And this impacts individuals with dealings in dark web…

Last week marked the end of April and ushered in the new month. The digital asset space for the week seemed to be centered around the price of bitcoin and the interest of several financial corporations in the digital asset space. First on the list is Mastercard, which noted the company’s interest in investing in…

As the month comes to a close, Ethereum mining experiences its first rise in gas limit. The limit raised to nearly 15 million aims to relieve the congestion experienced during a transaction. This rise in limit met an increased price in the ether by 2.8% at $2,456. With the increased limit, there is bound to…

Last week was filled with a lot of activities quite unlike the one before. With so many things going on in the digital currency community, a few things are worth noting. During the week, CI Global Asset Management and Purpose Investment were approved to launch an exchange-traded fund (ETF) in Canada. This new ETF offers…

This new week seems to be geared towards the digital asset space which, as many believe, is getting ready for another surge in price. While many are holding their positions, others secure theirs by adding more to what they have already. A case in point is Meitu, the Chinese application developer that increased its total…

This week marks both the end of March and the beginning of April. Filled with such promise, the week saw the emergence of various noteworthy events. The first is the Mayor of Miami’s intention to turn the city into a “clean energy” bitcoin mining hub. The Mayor, who in an interview, stated that bitcoin had…

Traders, investors, and enthusiasts of the digital currency community experienced what seems to be a downer this week. The week’s highlight is the change in the price direction of Bitcoin, which was heading towards $50,000 but slipped back 5.7% over 24hours-ranging between $44,180.99 – $49,325.91 (according to CoinDesk 20), leaving traders with a bearish signal…